MICHELIN: JP Morgan opts for a sales recommendation







JP Morgan is no longer neutral on the title, its advice is now to sell. The target price is reduced from 140 to 110 EUR.

Zonebourse with dpa-AFX Analyzer 2022

All the news on MICHELIN (CGDE)

Michelin analyst recommendations (CGDE)

2022 turnover 27,185M
28,356M
2022 net result 2,179M
2,273M
Net debt 2022 2,556M
2,666M
PER 20229.23x
2022 return5.04%
Capitalization 19,986M
20,847M
VE / CA 20220.83x
VE / CA 20230.77x
Number of employees123,021
Floating94.2%

MICHELIN Chart (CGDE)


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Michelin (CGDE): Michelin (CGDE) Technical Analysis Chart |  Market area

MICHELIN technical analysis trends (CGDE)

Short termMiddle termLong term
TrendsbearishNeutralbearish

Evolution of the Income Statement

Sale

Purchase

Average recommendationACCUMULATE
Number of Analysts17
Last Closing Price€111.95
Average price target€154.51
Deviation / Average Target38.0%

Officers and Directors




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